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UAE- DGCX reports USD44.16b worth of contracts in Feb

07 Mar 2013

(MENAFN) The Dubai Gold and Commodities Exchange (DGCX) announced that in February, the number of contracts at the exchange reached 1,157,340, with a total value of USD44.16 billion, reported Emirates News Agency (WAM).

DGCX added that February recorded the highest average daily value of deals, at USD2.21 billion a day.

Furthermore, the highest performing segment was currencies, with a total of 1,100,392 currency deals, representing a soar of 126 percent from 2012’s same period.

The exchange added that Euro contracts hiked 369 percent in volume terms on annual basis, while Yen deals increased by 135 percent.

It is worth noting that Indian Rupee features posted their highest monthly volume ever, with 1,083,120 contracts worth USD40.09 billion.

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